SB 2044: DORMANT CAPTIVE INSURANCE COMPANIES; GROSS PREMIUMS TAX; MEETING REQUIREMENT; EXEMPTION
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-02-03
Current Status:
In Progress
(2026-02-04: Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Exempts a dormant captive insurance company that has been issued a certificate of dormancy from certain taxes and the requirement that its governing body hold at least one meeting each year in the State. Effective 1/1/3000. (SD1)
Discussed in Hearing
56SECJan 29, 2026